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IMFC commits to stronger global co-operation amid rising uncertainty, economic transformation
The Mercury
|October 20, 2025
THE International Monetary and Financial Committee (IMFC) has pledged to strengthen international cooperation and sound policymaking to safeguard global stability, address rising debt risks, and advance sustainable growth as the world economy undergoes a profound transformation.
In a statement on Friday following its latest 52nd meeting, IMFC chairman Mohammed Aljadaan, who is the Minister for Finance of Saudi Arabia, said that while global growth remains resilient, it faces mounting pressures from high debt, geopolitical tensions, extreme weather events, and shifting trade and demographic dynamics.
This story is from the October 20, 2025 edition of The Mercury.
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